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...The US bankruptcy code requires that advisers seeking to be paid by bankruptcy estates disclose connections to other participants in the proceedings....
...Freeman spent roughly four years at Jackson Walker after six years as a clerk to Jones....
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...UK digital healthcare company Babylon Health, which went public at a $4bn valuation in 2021, declared bankruptcy last year....
...One of the world’s biggest producers of wood pellets sold to power utilities has filed for US bankruptcy, a downfall for a business seen by investors as a promising source of green energy....
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...The US trustee is seeking to reverse more than $13mn in fees the firm was paid in about two dozen cases where it failed to disclose the relationship to the bankruptcy court....
...A prominent US bankruptcy judge will step away from hearing large cases as a federal appeals court investigates his alleged failure to disclose a romantic relationship with a prominent bankruptcy lawyer....
...The settlements are not high enough to trigger Trump’s bankruptcy. His net worth is around $2.6bn....
...Skirting the ominously named Olympic Exclusion Zone on your way to a drop-off, you see signs that whatever shadowy postwar experiments were cordoned off in this coastal corner of the US might not have been...
...Jones had made Houston, and by extension himself, the epicentre of US corporate bankruptcy litigation....
...US bankruptcy volumes in 2023 overall were lower, at 133, than in 2020, when there were 179. The latter was a record year for bankruptcies in the US....
...Kwon, the South Korean entrepreneur held in Montenegro since June for trying to leave the country on a forged passport, is awaiting extradition to the US to attend a civil lawsuit filed by the SEC....
...Terraform Labs, the company behind the $40bn collapse of terraUSD digital tokens in 2022, has filed for Chapter 11 bankruptcy protection in the state of Delaware, as its co-founder Do Kwon faces extradition...
...Less than half of the nation’s estimated 3.7mn abandoned wells have been plugged, according to US government estimates....
...the 2020 US election....
...While US bankruptcy law does not explicitly allow “third-party releases” extinguishing liability for entities not actually in bankruptcy, judges have for several years used the broad powers of bankruptcy...
...The number of US cases is up 30 per cent compared with last year, while in Germany, bankruptcies have risen 25 per cent....
...These narratives have perhaps assuaged us: her death was not our fault....
...“In the days following FTX’s bankruptcy, and even after the defendant had been indicted, he mused about launching ‘Archangel LTD’, which would be an alternative to FTX’s bankruptcy and would result in the...
...Bankruptcy numbers remain modest by historical standards in big economies including the US, Germany and France, analysts added....
...“The issue I have with his approach is that not only has it not achieved what he’s trying to accomplish, which is us engaging in a process prematurely, but it also confuses his landlords,” one person involved...
...Its European and Canadian businesses are not part of the bankruptcy filing....
...The new court is mandated to have expert, experienced judges who will have clerks and render written opinions....
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